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The Bantu Blockchain Foundation is a not-for-profit organization established to support the development of the Bantu Blockchain. Its mission is to empower humanity across all industry sectors, both public and private, by leveraging blockchain technology. The Bantu Blockchain is a purpose-driven blockchain infrastructure that facilitates the secure issuance, transfer, trading, settlement, clearing, and custody of digital assets in real-time. This enables the unlocking of capital trapped in illiquid assets and the informal sector, particularly in emerging markets. The Bantu Blockchain combines speed, security, reliability, and incorporates fairness and sharing to empower network participants while reducing entry barriers. The native asset/token for the Bantu Network is XBN, a utility token that powers all operations and transactions on the network. Users are required to pay transaction fees in XBN when conducting transactions on the network. The smallest unit of the Bantu Network Token is called a Spirit, where 1 Spirit is equivalent to 0.0000001 XBN.
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